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Income tax or Gst

kumar rajat (187 Points)

21 July 2021  
My client has started business selling online by creating her own site
She has paid Rs 14 lakh (model likes actress) from April 1, 2021 till now . I would like to ask what is the maximum limit of this expenditure according to Income tax law or Gst.
my client sale Apr to June 2021 - 4 lakh (business registration as on
3 mar 2021

 1 Replies

Deepa B (Practicing Chartered Accountant )   (524 Points)
Replied 21 July 2021

GST registration: If it's own e-commerce platform through which your client is supplying products/services, then GST registration is compulsory irrespective of whatever is the turnover value.

As the client's previous year turnover doesn't seem to exceed limit prescribed u/s 44AB, TDS need not be deducted on the payments made to the model. But ensure that the payments are not in cash mode. 

 


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